SuperTarget in Forney?; Shafer Plaza Expansion
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While discussing the latest SuperTarget rumors in the Forney Discussion Forums, I decided to do a bit of digging and get in touch with a few people who might be able to confirm or deny what I had been hearing. In the process, I found out that Metropolitan Capital Advisors, Ltd. has been soliciting for an investment into Shafer Plaza at Mustang Crossing. Specifically, of $23.55 million needed to develop and pay-off the development costs for the remaining phase(s) of Shafer Plaza, $4.2 million is being raised from equity investors. One item that has caught several people’s attention is that the information that was distributed about the investment states “If the Sponsorship is able to consummate a deal with SuperTarget…” - read on for more info…
(Read on …)
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